R5,450,000
R5,450,000
Monthly Bond Repayment R58,120.41
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Rates
R2,781.7
R2,781.7
IDEAL FOR A BED AND BREAKFAST
This large home is in a prime position on Kingsway with lovely views from upstairs. Near Kingsway Hospital, shopping mall and schools. Easy access to the freeway. Perfect for a B&B or easily sub-divisible into separate units.
Currently rented as two 3 x bedroom units with large kitchens and open plan living areas walking out on verandas with their own build-in braai. Beautiful view of the ocean from the top floor. A 1 bedroom / 1 Bathroom granny flat attached to the house as well as a 2 bedrooms / 1 Bathroom flat separate from the house. Double automated garage and 4 covered parking as well as a Lapa and pool for entertainment. An investor is insured an income of around R50,000 per month. This property is neatly finished with quality tiles and marble stairs.
Features
Interior
Bedrooms
9
Bathrooms
8
Kitchens
4
Reception Rooms
8
Studies
1
Exterior
Garages
2
Carports / Parkings
5
Flatlet
1
Pool
Yes
Sizes
Land Size
1,560m²
Athlone Park, Amanzimtoti
Amanzimtoti
Amanzimtoti is situated to the south of the centre of Durban in KwaZulu Natal. The name ‘Amanzimtoti’ means ‘sweetwaters’ and is generally attributed to the famed King Shaka of the Zulus. During one of Shaka’s campaigns, he and his army stopped to rest here. He was brought a calabash filled with water from the local river and once he sipped the water, he said...
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